SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: cheryl williamson who wrote (50581)7/22/2002 5:59:06 PM
From: Steve Lee  Read Replies (1) | Respond to of 64865
 
It's not a "no earnings bubble stock".

Forgive me but I was sure I had seen SUNW's stock price display distinct bubble like inflation and deflation. And think they have made losses in recent quarters and have issued guidance that they are making a loss in the current quarter.

If that doesn't qualify for a "no earnings bubble stock" then please can you educate me on the correct criteria for that label?

Oh, and did I mention that their CEO is squirming and dropping hints about putting his ass on the jail-time line when it comes to signing off the company's financial statements? What has he got to hide? Maybe some of those "Gross margins" were grossly exaggerated?

If you owned a business with great "gross margins" but it kept making a loss, would you be happy? So why be happy with gross margins and no profits as a shareholder?